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{
    "id": 225649,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/225649/?format=api",
    "text_counter": 142,
    "type": "speech",
    "speaker_name": "Mr. Kirwa",
    "speaker_title": "",
    "speaker": {
        "id": 311,
        "legal_name": "Kipruto Rono Kirwa",
        "slug": "kipruto-kirwa"
    },
    "content": "Mr. Deputy Speaker, Sir, it was not possible, within the time allotted, to say all the things that I have done and those which we are doing. What I said is that in the Cabinet memo, we have captured a number of issues, one of them being that of re-structuring the balance sheets of all the sugar companies, totalling close to Kshs20 billion to ensure that they have a working balance sheet that can be useful to any investor. The issue of taxes is also captured, but I would want the House to bear in mind that when we talk of any levies or taxes, we also take part of this money to re-build the same sugar industry. For that reason, we are considering discussions with the Ministry of Finance to see what we can do about the 16 per cent Value Added Tax (VAT) that is levied on sugar, given the fact that sugar is a food commodity."
}